Ethereum up to $1100??

٥ سبتمبر ٢٠١٩

Hello fellow traders, I came across this joyful pattern this morning which seems to be an inverse H&S pattern in ETHUSD. ETH is currently in what seems to be a short term falling wedge pattern with a target at around $245. This is also the long term neckline for this inverse H&S pattern which, on a successful break can lead ETHUSD to seek out a rise up to around $1124 in the medium term.

Just my thoughts on what's currently happening, use it at your own risk.

Good luck :)